RBNZ surprises with interest rate cut, signals more easing Euro slips amid expectations of further ECB easing steps Loonie firms after Bank of Canada holds pat on policy The ... Read More
Japan did not intervene in currency markets between Jan. 28 and Feb. 25, the Ministry of Finance said on Monday, even as the yen looks set to post its biggest ... Read More
The British pound strengthened against the other major currencies in the Asian session on Monday. The pound rose to a 6-day high of 1.4236 against the Swiss franc, from ... Read More
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. ... Read More
The value of imports fell in 2015 while exports edged up China’s slowdown, low global growth curb shipments abroad Japan’s annual trade deficit narrowed almost 80 percent from a ... Read More
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese ... Read More
Oil is plunging again, this time in the wake of OPEC’s inability to limit its members’ production. The US dollar, meanwhile, is up on the divergence between Fed tightening ... Read More
Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash ... Read More
It was just three years ago that new Prime Minister Shinzo Abe promised to pull Japan out of its “lost decades” by printing epic amounts of new yen. He ... Read More
Devaluation has a negative consequence few mention: the cost of imports skyrockets. When stagnation grabs exporting nations by the throat, the universal solution offered is devalue your currency to boost ... Read More
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